Central Europe / Tech

Lithuania passes e-residency legislation to boost investment

Wojciech Kosc in Warsaw July 17, 2019

Follows the trail blazed by nearby Estonia which has operated an e-residency system since 2014.

Hungarian and Czech super laser facilities to form consortium

Levente Szilagyi in Budapest July 16, 2019

Super laser research facilities in the two CEE countries will form a European Research Infrastructure Consortium (ERIC), which is expected to start operating in January 2020.

4iG clinches mega deal to buy Magyar Telekom's IT subsidiary T-System

bne IntelliNews July 10, 2019

With the acquisition of Hungary’s leading ICT company, the company owned by businessmen close to the government gained control of yet another company operating in a strategic sector.

Huawei pledges up to €705mn in Polish investments

Wojciech Kosc in Warsaw July 9, 2019

The pledge appears to have come to ease the tension between Huawei and the Polish government after an employee of the company and a former Polish security official were arrested earlier this year on espionage charges.

Hungary’s largest online booking site acquires Czech peer

Levente Szilagyi in Budapest July 8, 2019

Hungarian booking website Szallas.hu acquired Czech-based Hotel.cz group to enter its fifth market outside of Hungary in line with its growth strategy.

Hungarian government tightens grip on Hungarian Academy of Sciences

bne IntelliNews July 3, 2019

Lawmakers approved a controversial bill to take over the research network of the Hungarian Academy of Sciences and place it under a government-run body, in yet another blow to academic freedom.

EBRD and Swedbank’s Lithuanian branch team up to help fintech development

Wojciech Kosc in Warsaw July 2, 2019

Hub to promote fintech and tech-centric innovation and contribute to Lithuania’s goal of becoming a leading regional fintech centre in Europe, EBRD says.